Meta Platforms Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones12-24 05:30

DJ Meta Platforms Inc. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Meta Platforms Inc. $(META)$ rallied 2.49% to $599.85 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.98% to 19,764.89 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.

The stock's rise snapped a four-day losing streak.

Meta Platforms Inc. closed $38.55 short of its 52-week high ($638.40), which the company reached on December 11th.

The stock outperformed some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 0.31% to $255.27, Microsoft Corp. $(MSFT)$ fell 0.31% to $435.25, and Alphabet Inc. Cl C $(GOOG)$ rose 1.57% to $195.99.

Trading volume (9.9 M) remained 2.9 million below its 50-day average volume of 12.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

December 23, 2024 16:30 ET (21:30 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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